Interesting talk on money — Growth: Is Digital Cash a Solution to Recession?

With the impending ‘death of cash’ and the rise of digital currencies (such as Bitcoin), there are strong arguments for central banks to start issuing “digital cash” – an electronic version of notes and coins.

But this raises a number of questions: how would central banks get new digital cash into the economy, and how would the public use it? Would there be any impact – positive or negative – on financial stability?

Ben Dyson is the co-author of Modernising Money: Why our monetary system is broken and how it can be fixed. He argues that a design flaw in the banking system, which allows banks to effectively create more than 97% of the money that our economy runs on, is responsible for the financial crisis, unaffordable housing and the government’s reliance on unsustainable debt-fuelled growth.

The proposals were recently featured in the Financial Times. Ben is the founder and Head of Research at Positive Money, a campaign for a banking system that works for society.

5pm to 7pm, 13th April 2016 (talk starts 530pm)
London Campus of the University of Cumbria
58 East India Dock Road, London E14 6JE